$47,500

Industrial For Lease
MLS - #E12283951
5 days ago- By RE/MAX REALTRON REALTY INC.

480 Tapscott Road, Toronto E11, ON M1B 1W3

Bed
3 Bath
19000 Sqft.
Outside/Surface Garage

Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

19000 Sqft

About 480 Tapscott Road

Your Next Turnkey Business Venture Awaits: Established Volleyball Facility Sublease in Vibrant Toronto(SCARBOROUGH)!Unlock the potential of this well-established and highly respected volleyball business, strategically located in the heart of Toronto((SCARBOROUGH).This turnkey opportunity offers approximately 19,000 sq ft of adaptable recreation space, featuring an impressive 22-foot clear height, ideal for a multitude of recreational or sporting endeavors. Currently configured with four professional volleyball courts, this thriving business benefits from a dedicated client base and consistent year-over-year growth. The comprehensive sublease package includes: 4 volleyball courts, 3 private offices, a dedicated meeting room, a dance studio, 3 convenient washrooms, and a welcoming reception area with its own entrance. Additional common washrooms are also available for client convenience. The existing lease extends to August 31, 2028, with a valuable 5-year extension option. Prospective tenants will negotiate new terms directly with the landlord. Landlord approval is required for all subleases. Leasehold improvements and asset purchase can be discussed separately. Highlights: Spacious & Versatile: ~19,000 sq ft with 22' clear height. Built-in Clientele: Well-established volleyball business. Growth Potential: Demonstrates consistent year-over-year growth. Comprehensive Setup: Includes courts, offices, meeting room, dance studio, and multiple washrooms. Flexible Lease: Current term until Aug 31, 2028, with a 5-year extension option. Deposit: First, Last + Two Months Security. Utilities: Tenant pays 2/3 Hydro & Gas. Rent Escalation: 4% annual increase.

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

Building size

19000

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

Location

Map loading...
Walking Icon

Walk Score for 480 Tapscott Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Some information about this property - Tapscott Road

Default Agent

Book a Showing

Tour this home with Angela

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.